Economy
HSBC launches $150m venture debt offering for Singapore firms
HSBC launches $150m venture debt offering for Singapore firms
This will support various funding requirements with a tenor of up to three years.
HSBC unveils $1b ASEAN Growth Fund for digital platform players
The amount will be used to lend to digital companies to boost their operations.
MAS extends suspension of remittances to China through unauthorised channels for 6 more months
It will be effective until 30 September 2024.
COTD: SGD 2nd strongest recovering currency in the world
The strength of the SGD can be attributed to its sound economic health and prudent monetary policies.
Inflation rises to 3.4% YoY in February
This is faster following a 2.9% slowdown in January.
Central bank offers cut-off yield for 6-month T-bill at 3.78%
It is expected to mature on 17 September 2024.
Singapore joins top 20 economies in investment appeal
Economies with the highest GOI scores were all high-income advanced economies.
One Tax CM launches E-Filing Tax Assistance
It will assist individuals facing difficulties with technology or literacy.
Singapore continues reign as happiest Asian nation
Globally, the country placed 30th place.
Internal environment trumps openness policies in global connectivity
Singapore, the world’s most globally connected nation, leads in international flows linked to domestic activities, as per DHL report.
Mandatory reporting takes spotlight in Singapore’s new climate disclosure rules
Regulator encourages businesses to create transition plans.
Expert points to ‘payback effect’ as cause of weaker NODX in February
In February, NODX slipped by 0.1% YoY.
NODX to expand by 6.0% in 2024
Economists said base effects will drive recovery in NODX.
Non-oil domestic exports slip by 0.1% YoY in February
Month-on-month, NODX declined by 4.8%.
Singapore eyes carbon tax ramp up to $80 by 2030
The government is raising the crabon tax to $25 per tonne this year.
Digital ad spend reaches $2.34b in 2023
Singapore presents a highly-engaged digital audience.
Singapore vows global cooperation to combat fraud
Scams, ransomware, and money laundering were identified as the primary concerns regarding fraud.
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